20.01.2026 18:31
Istanbul's three giants closed the first half of the 2025-26 season with a loss of 2.4 billion lira. Beşiktaş incurred a loss of 1.4 billion lira, Fenerbahçe 918 million lira, and Galatasaray 87 million lira. The total debt of the three clubs exceeded 61 billion lira.
Beşiktaş, Fenerbahçe, and Galatasaray's publicly traded companies incurred a loss of 2 billion 415 million lira in the first half of the 2025-26 season.
2 BILLION LOSS IN THE FIRST HALF OF THE SEASON FOR THE 3 BIG CLUBS
According to information compiled by AA reporter from the financial status and independent auditor reports sent to the Public Disclosure Platform (KAP) by the club companies, all three clubs (companies) spent more than they earned.
While the clubs reached a revenue of approximately 26.5 billion lira, their expenses exceeded 28.9 billion lira. Thus, the three big clubs closed the first 6 months of this season, covering the period from June 1 to November 30, with a loss of 2 billion 415 million lira. This loss corresponds to approximately 49.2 million euros as of the end of November. The mentioned clubs had incurred a loss of 44 million euros during the same period of the 2024-25 season and ended the season with a loss of approximately 190 million euros.
THE HIGHEST LOSS IS AT BEŞİKTAŞ
According to the reports of independent auditors, when the interest accrued based on the receivables from the club, which could not be collected and was recorded as income, is excluded, Beşiktaş is the club with the highest loss, amounting to 1 billion 409 million lira (28.71 million euros). Although the black-and-whites reached a total revenue of 6 billion 672 million lira, they spent 21% more than their income with expenses of 8 billion 82 million lira.
Fenerbahçe's loss during this period was 918 million lira (18.7 million euros). The yellow-navy blue club, which reached a total revenue of 8 billion 119 million lira, could not prevent expenses of 9 billion 38 million lira, which corresponds to 11% more than what it earned.
Galatasaray, on the other hand, is the club with the highest revenue among the three clubs, with an income of 11 billion 701 million lira. However, the yellow-red club, which spent 11 billion 788 million lira, could not avoid a loss of 87 million lira (1.77 million euros), exceeding its income by 0.75%.